AB SKF Return On Tangible Equity 2010-2025 | SKFRY
- AB SKF average return on tangible equity for 2024 was 14.73, a 6.3% increase from 2023.
- AB SKF average return on tangible equity for 2023 was 15.72, a 20.2% decline from 2022.
- AB SKF average return on tangible equity for 2022 was 19.7, a 31.86% decline from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.